10 World's Most Business Friendly Countries



Iceland

Iceland is an island country which was ranked as the 14th most developed country by the United Nation’s Human Development Index. It was also regarded as the fourth most productive country per capita. The nation’s entire banking system failed resulting in a political unrest in 2008. But it still remains one of the most economically and politically stable nations in the world. It has a free market economy with considerably low taxes as compared to the other Organization for economic Co-operation (OECD) countries. It has a Nordic welfare system that provides services such as universal health care and tertiary education for its citizens. It has been considered as one of the wealthiest country in the world.